IMMO DLD: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IMMO DLD
Largest movements
- Cash +€196,255
up €196,255 (+11261.9%), from €1,743 to €197,998
mainly Investment in fixed assets (net) (+€104,622) and Net result for the year (+€72,743)
- Tangible fixed assets -€108,622
down €108,622 (-51.9%), from €209,245 to €100,623
- Reserves +€71,533
up €71,533 (+5961.1%), from €1,200 to €72,733
of which Tax-exempt reserves: +€71,533
- Provisions +€23,844
new in 2025: €23,844
- Debts after one year -€13,235
down €13,235 (-8.1%), from €163,578 to €150,343
- Trade debts +€5,439
up €5,439 (+277.1%), from €1,963 to €7,401
- Gross operating margin +€90,312
up €90,312 (+503.7%), from €17,930 to €108,242
- Depreciation -€4,000
down €4,000 (-50.0%), from €8,000 to €4,000
- Taxes +€1,642
up €1,642 (+144.1%), from €1,140 to €2,781
- Financial charges -€1,126
down €1,126 (-21.1%), from €5,342 to €4,215
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €230,410 | €319,759 | +€89,349 | +38.8% |
| Fixed assets | 21/28 | €209,245 | €100,623 | -€108,622 | -51.9% |
| Tangible fixed assets | 22/27 | €209,245 | €100,623 | -€108,622 | -51.9% |
| Land and buildings | 22 | €209,245 | €100,623 | -€108,622 | -51.9% |
| Current assets | 29/58 | €21,165 | €219,136 | +€197,971 | +935.4% |
| Amounts receivable within one year | 40/41 | €19,423 | €21,138 | +€1,716 | +8.8% |
| Other amounts receivable | 41 | €19,423 | €21,138 | +€1,716 | +8.8% |
| Cash at bank and in hand | 54/58 | €1,743 | €197,998 | +€196,255 | +11261.9% |
| Total equity and liabilities | 10/49 | €230,410 | €319,759 | +€89,349 | +38.8% |
| Equity | 10/15 | €29,289 | €102,032 | +€72,743 | +248.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €1,200 | €72,733 | +€71,533 | +5961.1% |
| Non-distributable reserves | 130/1 | €1,200 | €1,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,200 | €1,200 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €71,533 | +€71,533 | |
| Profit (loss) carried forward | 14 | €13,089 | €14,299 | +€1,210 | +9.2% |
| Provisions and deferred taxes | 16 | - | €23,844 | +€23,844 | |
| Deferred taxes | 168 | - | €23,844 | +€23,844 | |
| Amounts payable | 17/49 | €201,121 | €193,882 | -€7,239 | -3.6% |
| Amounts payable after more than one year | 17 | €163,578 | €150,343 | -€13,235 | -8.1% |
| Financial debts | 170/4 | €163,578 | €150,343 | -€13,235 | -8.1% |
| Amounts payable within one year | 42/48 | €36,043 | €42,039 | +€5,996 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €12,421 | €11,769 | -€651 | -5.2% |
| Trade debts | 44 | €1,963 | €7,401 | +€5,439 | +277.1% |
| Suppliers | 440/4 | €1,963 | €7,401 | +€5,439 | +277.1% |
| Taxes, remuneration and social security | 45 | €1,135 | €3,917 | +€2,781 | +245.0% |
| Taxes | 450/3 | €1,135 | €3,917 | +€2,781 | +245.0% |
| Other amounts payable | 47/48 | €20,525 | €18,952 | -€1,573 | -7.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,000 | €4,000 | -€4,000 | -50.0% |
| Other operating charges | 640/8 | €423 | €1,373 | +€951 | +224.8% |
| Gross operating margin | 9900 | €17,930 | €108,242 | +€90,312 | +503.7% |
| Operating profit (loss) | 9901 | €9,507 | €102,868 | +€93,361 | +982.0% |
| Financial income | 75/76B | - | €716 | +€716 | |
| Recurring financial income | 75 | - | €716 | +€716 | |
| Financial charges | 65/66B | €5,342 | €4,215 | -€1,126 | -21.1% |
| Recurring financial charges | 65 | €5,342 | €4,215 | -€1,126 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €4,166 | €99,369 | +€95,203 | +2285.3% |
| Transfer to deferred taxes | 680 | - | €23,844 | +€23,844 | |
| Income taxes | 67/77 | €1,140 | €2,781 | +€1,642 | +144.1% |
| Profit (loss) for the period | 9904 | €3,026 | €72,743 | +€69,717 | +2303.8% |
| Transfer to tax-exempt reserves | 689 | - | €71,533 | +€71,533 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,026 | €1,210 | -€1,816 | -60.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.